The quarterly Danish Business Outlook on China (DBOC) has been released for Q4, 2023
In Q4 of 2023, the short-term outlooks for Danish companies all show an increase compared to the previous quarter. However, China as a market for procurement is the only index to reach positive territory in Q4. The business outlook varies depending on sector perspective, where Health, Logistics and Design all report an increase in the index score, compared to the previous quarter. Despite a decline in overall outlook for the second consecutive quarter, Energy indicates the highest score among the respondents but remains the only sector in positive territory.
The DBOC tracks changes on the short-term outlook of Danish companies doing business in China. The index is a joint initiative of the Embassy of the Kingdom of Denmark in Beijing, Danish Chamber of Commerce in China (DCCC), Danish-Chinese Business Forum (DCBF) and Sino-Danish Center for Education and Research (SDC).